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Visa processing barriers limiting inbound international business
and pleasure travelers cost the United States economy billions of
dollars in direct revenues while severing vital communications
links to the Arab market. Total Arab market import demand has more
than doubled since the year 2001, but US corporations attempting to
close deals are stymied by visa barriers that turn away even
longtime Arab business visitors, including trainees seeking to
enter the US. The US has already lost US$62 billion in merchandise
trade to competitors maintaining "open door" visa policies through
2005. Cumulative opportunity cost losses are on track to reach a
total of $101 billion in 2006 as "turnkey" infrastructure projects,
defense, consumer goods, and industrial machinery deals flow to US
competitors. IRmep presents specific recommendations for avoiding
permanent damage to vital trade and communications links between
the US and this key region.
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